Millionaire Mentors: Actionable Financial Rules From the Wealthy - Rule #1

To become rich you don’t have to be a genius or have lots of luck. It all comes down to taking the right actions with money to begin building serious wealth. In this post, you'll learn Rule #1 and take action to begin building your own wealth!

 Millionaire Mentors: Actionable Financial Rules From The Wealthy - Rule #1

Millionaire Mentors: Actionable Financial Rules From The Wealthy - Rule #1

To become rich you don’t have to be a genius or have lots of luck. It all comes down to taking the right actions with money to begin building serious wealth.

Best of all, the actions you need to take are freely available. Lots of millionaires will gladly share that information with you if you are willing to listen and take action.

That’s why I created the Millionaire Mentors Rules Series. Anyone can build wealth with the right actions.

I’ve pulled together so many valuable nuggets of information from some of the smartest millionaires and billionaires in the world and created a list of “rules” that anyone can use to create wealth and become rich themselves.

Each week I’ll feature a new “rule” and I promise if you implement these rules you will become rich over time just as these millionaires and billionaires have as well.

Enjoy!

-Dave | Creator of Let’s Automate Your Money


Rule #1 - You have to start saving some amount of money to begin growing wealth. This is where it starts. Unless you begin saving money, you will never be rich.

 Tony Robbins

Tony Robbins

As you can see, the “machine” can’t start working until you make the most important financial decision of your life. The decision? What portion of your paycheck you get to keep. How much will you pay yourself—off the top, before you spend a single dollar on your day-to-day living expenses? How much of your paycheck can you (or, more importantly, will you) leave untouched, no matter what else is going on in your life? I really want you to think about this number because the rest of your life will be determined by your decision to keep a percentage of your income today in order to always have money for yourself in your future.
— Tony Robbins

This is a quote directly from Tony Robbins’ book, Money: Master the Game.

Tony is a multi-millionaire with a net worth of almost $500,000,000 as of the last check. He has spent it his life coaching and helping others to perform better.

In his book Money: Master the Game, Tony talked to wealthy people all over the world and summarized that knowledge. One of the most important things you can do right now to start on your journey to wealth is to begin saving some of your money.

It doesn’t have to start big, it could be $1 per day, but you have to start today. That money will grow to huge amounts over time.

In fact, in a future rule, you’ll learn more about the power of compounding interest and how that $1 per day could amount to an unbelievably huge amount in time!

ACTION STEP

It all starts here. Commit to saving money today. It doesn’t have to be a huge amount. Start somewhere.

How much are you going to save per day?

$__________________

Now set up an automatic transfer in your bank to save the amount every day to a separate account. There are even great apps out there to make it easy for you to save your money via automated transfers.

This is just the beginning. Take this small step and you will be a little closer to building wealth like you would never have thought possible!


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DAVID SHEPHERD

CREATOR OF LET'S AUTOMATE YOUR MONEY WITH MY LOVELY WIFE KRISTA


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